Price for Copper Tube or Pipe Fitting in Belarus - 2022

Contents:

  1. Price for Copper Tube or Pipe Fitting in Belarus (CIF) - 2022
  2. Price for Copper Tube or Pipe Fitting in Belarus (FOB) - 2022
  3. Imports of Copper Tube or Pipe Fitting in Belarus
  4. Exports of Copper Tube or Pipe Fitting in Belarus

Price for Copper Tube or Pipe Fitting in Belarus (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $22,575 per ton, surging by 2.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35% against the previous year. The import price peaked at $27,279 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($46,900 per ton), while the price for China ($17,378 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper Tube or Pipe Fitting in Belarus (FOB) - 2022

In 2022, the average export price for tube or pipe fittings, couplings, elbows, sleeves of refined copper amounted to $22,906 per ton, with a decrease of -8.5% against the previous year. Overall, the export price recorded a perceptible downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 88% against the previous year. Over the period under review, the average export prices attained the peak figure at $37,862 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($22,919 per ton), while the average price for exports to Russia amounted to $22,850 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+10.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Copper Tube or Pipe Fitting in Belarus

In 2022, the amount of tube or pipe fittings, couplings, elbows, sleeves of refined copper imported into Belarus contracted rapidly to 15 tons, with a decrease of -36.5% compared with the previous year's figure. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 267% against the previous year.

In value terms, copper tube or pipe fitting imports reduced markedly to $334K in 2022. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 233% against the previous year.

Import of Copper Tube or Pipe Fitting in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia26354.1234108-25.7%
China12151.412898.5-6.6%
Poland4.12.18.333.8102.0%
Spain82.919.233.928.0-30.4%
Germany50.94.439.116.6-31.2%
Belgium32.06.727.512.8-26.3%
Lithuania3.92.54.111.643.8%
United States34.14.85.78.6-36.8%
Others24.69.133.615.8-13.7%
Total616154514334-18.5%

Top Suppliers of Copper Tube or Pipe Fitting to Belarus in 2022:

  1. China (5.7 tons)
  2. Russia (5.2 tons)
  3. Spain (1.2 tons)
  4. Poland (1.1 tons)
  5. Germany (0.5 tons)
  6. Lithuania (0.3 tons)
  7. United States (0.3 tons)
  8. Belgium (0.3 tons)

Exports of Copper Tube or Pipe Fitting in Belarus

In 2022, approx. 2.4 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were exported from Belarus; surging by 4.6% compared with the year before. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 137% against the previous year. As a result, the exports attained the peak of 2.5 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, copper tube or pipe fitting exports fell slightly to $54K in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 344% against the previous year.

Export of Copper Tube or Pipe Fitting in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia10.529.034.347.365.2%
Kazakhstan0.80.91.56.8104.1%
LithuaniaN/AN/A19.6N/A0%
CameroonN/A20.9N/AN/A0%
Others0.41.21.40.2-20.6%
Total11.752.056.854.466.9%

Top Export Markets for Copper Tube or Pipe Fitting from Belarus in 2022:

  1. Russia (2072.0 kg)
  2. Kazakhstan (297.0 kg)

Source: IndexBox Market Intelligence Platform

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